Current through Register 1527, August 2, 2024
Section 9.05 - Limitations on Promoter Creating Debt on Behalf of or Advancing Money to Unarmed Combatant or Manager(1) A promoter licensed by the Commission shall not directly or indirectly make any loan or advance to an unarmed combatant or a manager without the express written permission of the Commission.(2) A promoter shall not, directly or indirectly, create any indebtedness that becomes the obligation of an unarmed combatant or a manager unless the promoter has the express written permission of the Commission for that action.Amended by Mass Register Issue 1331, eff. 1/27/2017.